Polarcus has taken deliery of the 88.8m, double hulled Polarcus Nadia that will soon head to West Africa to commence a charter for TGS-NOPEC Geophysical. Read the rest of this entry »

Wishing all our members and visitors to the site and very merry, peaceful and safe Christmas. Read the rest of this entry »

Stanford Marine, the chartering division of Gulf Marine Maintenance and Offshore Service Company (GMMOS)has acquired five offshore support vessels (OSV). Read the rest of this entry »

In a deal with a Norwegian offshore services company, Construction and engineering company McDermott International Inc. has acquired stakes in two underwater oil and gas construction vessels. Read the rest of this entry »

With the prices of shipping assets dipping sharply, cash- rich companies have the opportunity to acquire vessels to generate high returns, a shipping analyst said. Read the rest of this entry »

Converteam HYDROGENIE project has been named as winner of the 2009 Innovation Award in the Power and Energy category at the Institution of Engineering and Technology’s (IET) recent ceremony in London. Read the rest of this entry »

Dynamic Positioning Services has expanded its rental stock with the acquisition of a SeaBat 7125-ROV multi-beam sonar. The dual frequency 200/400kHz, 6km depth rated is from RESON Offshore, Aberdeen Read the rest of this entry »

Acergy has acquired the Borealis pipelay vessel, a DP3 dynamic posotioning vessel equipped with support systems and construction equipment for worldwide and deepwater and harsh environment operations.   Read the rest of this entry »

Shipping around the coast of West Africa could come under the renewed threat of pirate attack after the Movement for the Emancipation of the Niger Delta (MEND) launched an attack on an oil pipeline in the region and issued a release stating that they intended to resume hostilities if dialogue on their demands was not undertaken within a month. Read the rest of this entry »

Aberdeen and London-based Offshore Shipbrokers has suggested that there is more pain to come for North Sea vessel operators before any market pick-up can be detected early next year. Read the rest of this entry »